Convenience The real estate industry is changing every day. It can be exhausting trying to keep up with all of the new regulations and standard operating procedures, especially when it comes to an earnest money payment. Most states require deadlines for the delivery and deposit of the funds and to be accountable for tracking and documenting the steps of an … Read More

1. Take time off to avoid the end of summer blues. Schedule a vacation to soak up the last few days of warm weather and recharge yourself for a busy fall. 2. Follow the 80/20 rule. 20 percent of what you do each day contributes to 80 percent of your results. This transitional time is a great opportunity to evaluate … Read More

As online payments are becoming increasingly popular in all industries, so is the art of stealing this sensitive information. Within the real estate industry, there have been several instances where an email from a hacker requesting payment is mistaken for an email from a realtor, lawyer, or title company requesting payment. If this happens and the buyer submits their money … Read More

An ACH payment is simply a transfer of funds from one bank to another. What this means regarding the earnest money process is that it eliminates the need for a paper check. By making an earnest money payment electronically instead of by paper check, the earnest money can be transferred from the buyer’s bank to the bank account receiving the … Read More

Virtual tours or drone photography: If a photo is worth a thousand words, drone videos and other virtual tours are worth a million. These technologies give potential buyers a much better idea of what a home looks like before they take time out of their (and their agent’s) busy schedule to do a live tour. Electronic forms: Thanks to services … Read More